What are the responsibilities and job description for the Payroll and Tax Manager position at FourLeaf Federal Credit Union?
FourLeaf Federal Credit Union has a commitment to excellence and the highest standards of member service. Our values and beliefs are critical to the success and growth of the business and they were all created with a unique cultural foundation.
Expected salary range for this position is $103,846 to $124,616 annually.
Responsibilities Include:
Strategic Payroll Oversight:
- Manage end-to-end payroll operations, ensuring timely execution and regulatory compliance for multi-state payroll processing.
- Oversee bi-weekly payroll administration, including timekeeping, wage calculations, tax deductions, and payroll adjustments. Administer payroll, as necessary.
- Direct and optimize payroll systems, maximizing efficiency while ensuring system security and data integrity.
- Maintain and update payroll system, ensuring efficiency and proper system setup.
- Conduct audits and reconciliations to ensure payroll data accuracy and security.
- Generate financial reports, providing payroll analytics for budgeting and workforce planning.
- Develop and oversee payroll policies, establish guidelines for overtime, meal breaks, and work hours in collaboration with HR.
Payroll Compliance:
- Manage federal, state, and local payroll tax registration and filings, ensuring all regulatory deadlines are met.
- Research and stay up to date with changes in tax laws and regulations, ensuring compliance with evolving payroll tax standards.
- Conduct regular reconciliation of tax accounts, ensuring accuracy in payroll reporting and tax payments.
- Ensure compliance with FLSA guidelines, compensation structures, and pay equity requirements.
- Lead payroll audits, prepare documentation, respond to agency inquiries, and implement corrective actions.
- Manage unemployment claim processes, overseeing compliance with multi-state employer tax regulations.
Employee Experience & Payroll Support:
- Ensure high-level service in payroll issue resolution, promptly addressing employee concerns regarding deductions, bonuses, tax filings, and direct deposits.
- Participate in new hire orientation presentations, educating employees on payroll and tax-related policies.
- Provide training and support to payroll staff, ensuring accuracy and consistency in payroll execution.
Leadership & Collaboration:
- Collaborate with HR, legal, and accounting/ finance teams to ensure compliance with labor laws and company policies.
- Advise leadership on payroll trends, budget forecasting, and tax strategy to enhance organizational payroll efficiency.
- Collaborate with compensation team to accurately execute annual incentive plans and the merit process, ensuring consistency in payroll implementation.
- Support strategic initiatives related to pay equity compliance, salary structures, and general pay practices.
- Contribute to total rewards strategy, ensuring payroll functions support the organization’s compensation philosophy.
Certifications: Advanced payroll tax certification preferred.
Qualifications
Skills
Preferred
Human Capital Management System: Advanced
Collaborative: Advanced
Analytical: Advanced
Critical Thinking: Advanced
Behaviours
Preferred
Leader: Inspires teammates to follow them
Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Motivation
Preferred
Self-Starter: Inspired to perform without outside help
Ability to Make an Impact: Inspired to perform well by the ability to contribute to the success of a project or the organization
Education
Required
High School or better
Preferred
Bachelors or better
Experience
Required
5 years: 5 years of payroll management and payroll tax experience in a corporate environment.
Licenses & Certifications
Required
Cert. Compensation Prof.
Salary : $103,846 - $124,616